Holt has been a target all summer for Forest who have had three bids rejected by Hearts administrators BDO, the last of which was £150,000 in July and was described by Jambos boss Gary Locke as "ridiculous".

Reds boss Billy Davies' presence at the Edinburgh derby on Sunday fuelled rumours of another bid from the English Sky Bet Championship club but Hearts said on Monday afternoon that they had received "no fresh bids" for the Scotland Under-21 international.

Hearts entered administration on June 19 and were hit with a transfer embargo and a 15-point penalty ahead of the SPFL Premiership season.

Forest see the Jambos' situation as a chance to get themselves a young, promising player at a cut-price fee.

Since entering administration, Hearts have agreed wage cuts with some senior players while John Sutton left to join Motherwell.

But BDO are adamant any short-term profit made on Holt would only see the club suffer further next season. Fellow Tynecastle youngster Callum Paterson recently backed the club's reluctance to part with Holt, insisting his team-mate has the potential to fetch £10million in the future.

Holt, 20, became a regular in the Hearts first team last season, having made his debut in 2011.

Forest, under Kuwaiti owners the Al Hasawi family, have been flexing their financial muscle this summer with high-profile signings including Gonzalo Jara Reyes, Djamel Abdoun, Jamie Mackie and most recently Kelvin Wilson from Scottish champions Celtic.

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t's wrong to be making a joke out of Bender's name at the expense of gay people. It's the kind of childish, uncivilised thing that Football365 would deride and ridicule if it was another media outlet saying. Why is there a need for jokes like this? Does it make your writers feel like men? F365 might suggest that I 'lighten up', but it is genuinely traumatic for people who have been oppressed all their lives to be the butt of jokes, and to be told...

ou can't blame De Gea for wanting to leave, he has enough to do in front of goal as it is as well as taking on the role of Man Utd's version of Derek Acorah in trying to contact and organise a defence that isn't there.